Fidelity National Information Services, Inc. $FIS Holdings Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its position in shares of Fidelity National Information Services, Inc. (NYSE:FIS) by 34.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,336 shares of the information technology services provider’s stock after purchasing an additional 1,122 shares during the period. Farther Finance Advisors LLC’s holdings in Fidelity National Information Services were worth $353,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sierra Ocean LLC grew its holdings in shares of Fidelity National Information Services by 356.0% during the 1st quarter. Sierra Ocean LLC now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 267 shares in the last quarter. YANKCOM Partnership grew its holdings in shares of Fidelity National Information Services by 118.8% during the 1st quarter. YANKCOM Partnership now owns 350 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Meeder Asset Management Inc. grew its holdings in shares of Fidelity National Information Services by 92.1% during the 1st quarter. Meeder Asset Management Inc. now owns 342 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 164 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of Fidelity National Information Services by 179.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 389 shares of the information technology services provider’s stock valued at $29,000 after acquiring an additional 250 shares in the last quarter. Finally, Kennebec Savings Bank grew its holdings in shares of Fidelity National Information Services by 71.3% during the 1st quarter. Kennebec Savings Bank now owns 447 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 186 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on FIS. Susquehanna lowered their price target on shares of Fidelity National Information Services from $81.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, September 12th. Robert W. Baird lifted their price objective on shares of Fidelity National Information Services from $82.00 to $86.00 and gave the company a “neutral” rating in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods reduced their price objective on shares of Fidelity National Information Services from $92.00 to $88.00 and set an “outperform” rating for the company in a research note on Wednesday, August 6th. UBS Group reduced their price objective on shares of Fidelity National Information Services from $84.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Finally, Truist Financial lifted their price objective on shares of Fidelity National Information Services from $84.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 17th. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services has an average rating of “Moderate Buy” and a consensus price target of $91.17.

Fidelity National Information Services Stock Up 2.2%

Fidelity National Information Services stock opened at $65.66 on Tuesday. The firm has a market cap of $34.30 billion, a price-to-earnings ratio of 364.81 and a beta of 1.05. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services, Inc. has a fifty-two week low of $63.00 and a fifty-two week high of $91.98. The firm has a fifty day moving average price of $70.94 and a two-hundred day moving average price of $75.28.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, August 5th. The information technology services provider reported $1.36 EPS for the quarter, meeting analysts’ consensus estimates of $1.36. The business had revenue of $2.62 billion during the quarter, compared to analyst estimates of $2.57 billion. Fidelity National Information Services had a net margin of 1.09% and a return on equity of 18.73%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.36 earnings per share. Fidelity National Information Services has set its Q3 2025 guidance at 1.460-1.500 EPS. FY 2025 guidance at 5.720-5.800 EPS. As a group, analysts forecast that Fidelity National Information Services, Inc. will post 5.74 earnings per share for the current year.

Fidelity National Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.4%. Fidelity National Information Services’s dividend payout ratio is currently 888.89%.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. It operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. The company provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions.